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At press time, Bitcoin is up just under one percent on the day, trading at around $3,960, according to CoinMarketCap data. Looking at its weekly chart, the current price is nearly three percent higher than $3,851, the price at which Bitcoin started the week.

In Bitcoin news, Twitter and Square CEO Jack Dorsey alluded to spending $10,000 per week on BTC on a podcast earlier this week.

Ethereum (ETH) is holding onto its position as the largest altcoin by market cap, which is at about $14.4 billion. The second-largest altcoin, Ripple (XRP), has a market cap of about $13 billion.

ETH is down by a very mild 0.15 percent over the last 24 hours. At press time, ETH is trading around $138, after having started the day around the same price. On its weekly chart, Ethereum has seen its value increase by about 2.5 percent from $133, ETH-rsquo;s price last Saturday.

A recent report by crypto asset management firm Electric Capital claimed that Ethereum has the most developers per month working on its core protocol of all cryptocurrencies.

Second-largest altcoin Ripple has gained just over a third of a percent in the 24 hours to press time and is currently trading at around $0.314. Looking at the coin-rsquo;s weekly chart, its current price is almost identical to the price at which it started the week, down just 0.44 percent.